If the price is $60 at 60 units, the marginal revenue of $60 must occur at an output level below 60 units.
Marginal revenue is the additional revenue generated by selling one additional unit of output. In this case, the monopolist is currently selling an output of 60 units at a price of $60. To find the marginal revenue at this level of output, we need to look at the demand curve that the monopolist faces.
Assuming that a monopolist is currently selling an output of 60 units at a price of $60, the marginal revenue would be equal to $60 at an output level below 60 units.
This is because, in a monopoly, the marginal revenue is always less than the price of the good. As the monopolist increases output, the marginal revenue will decrease.
So, if the price is $60 at 60 units, the marginal revenue of $60 must occur at an output level below 60 units.
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When a local television station sends a crew to interview joggers in the city park on a beautiful spring day, what type of sample is being used?
When a local television station dispatches a crew to question joggers in the city park on a beautiful spring day, a Convenience sample is used.
What type is convenience sampling?Convenience sampling is the considerable common type of non-probability sampling, which concentrates on gaining information from participants (the sample) who are 'convenient' for the experimenter to access.
Convenience sampling is used by brands and organizations to calculate their perception of their image in the market. Data is collected from potential customers to comprehend specific issues or operate opinions about a newly launched product. In some cases, it is the sole available option.
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Post-secondary education is
DescriptionTertiary education, also referred to as third-level, third-stage or post-secondary education, is the educational level following the completion of secondary education.
Market control Multiple Choice does not assume that the interests of the organization and individuals naturally diverge. is based on the idea that employees may share the values, expectations, and goals of the organization and act in accordance with them. includes such items as budgets, statistical reports, and performance appraisals. uses prices, competition, and exchange relationships to regulate activities. is the use of rules, standards, regulations, hierarchy and legitimate authority to guide performance.
Answer: uses prices, competition, and exchange relationships to regulate activities.
Explanation:
Market control involves using pricing mechanisms and exchange relations for the regulation of organizational activities. In market control, competition, prices, and exchange relationships are used to regulate the activities.
The option about the assumption that the interests of the organization and individuals naturally diverge is the clan control.
A payday loan company has decided to open several new locations in the city. To decide where to open these locations it hires consultants and pays them per store opened. At the end of the quarter, the company notices a many of the new stores’ sales volume fail to meet expectations. To incentivize the consultants to instead focus on opening profitable stores, the company should have paid them
A. Per store opened
B. A percentage of the profit earned per new store
C. A fixed salary
D. All of the above
Answer:
B. a percentage of the profit earned per new store
question content area part 1 scarcity part 2 a. can be overcome by discovering new resources. b. stems from the incompatibility between limited resources and unlimited wants. c. is a bigger problem in market economies than in socialist economies. d. can be eliminated by rationing products.
Scarcity stems from the incompatibility between limited resources and unlimited wants
Because the desires of economic agents, such as people, businesses, or the government, are limitless, scarcity is a fundamental economic problem that affects every civilization. The incompatibility of finite resources and countless wants is the root of the world's economic problems.
Resources are constrained in that there is only a certain amount of them, and they cannot be expanded to satisfy everyone's unending needs or those of society as a whole. People and society must therefore decide how to divide up these finite resources in order to best satisfy their needs and wants. All economic activity is fueled by scarcity, which is the reason people have to make decisions and trade-offs.
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one aspect of the new open visibility of gays and lesbians as sports fans is that they are now viewed as a ""niche market"" by commercial interests
Any organisation that produces, markets, resells, or distributes medical products or services that patients use on themselves or eat is considered to have a commercial interest. Direct clinical service providers to patients are not regarded as commercial interests by the ACCME.
A legal person's capacity to engage in business activity in a competitive manner is referred to as a commercial interest. Typically, the main goal is to generate a profit. On the other hand, it may also be for financial survival or to pay expenses. Anything that is commercial is often related to business or commerce. A commercial is a piece of company advertising. Selling products or services for a profit is referred to as commerce. Commerce now had an additional letter, al, which stood for "relating to trade." Commercial didn't begin to signify "done for the purpose of making money" until the 1870s. Later in the 1930s, the noun form was improved to indicate "an advertising aired on radio or TV."
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A new school building was recently built in the area. The entire cost of the project was $20,000,000. The city has put the project on a 20-year loan with an APR of 2.7%. There are 21,000 families that will be responsible for making monthly payments towards the loan. Determine the total amount that each family should be required to pay each year to cover the cost of the new school building. Round your answer to the nearest cent, if necessary.
Each family should be required to pay approximately $25.71 per year to cover the cost of the new school building.
To determine the total amount that each family should be required to pay each year to cover the cost of the new school building, we can follow these steps:
Calculate the total loan amount.
The loan amount is the cost of the project, which is $20,000,000.
Calculate the annual interest payment.
The annual interest payment can be calculated using the formula:
Annual Interest Payment = Loan Amount * Annual Interest Rate
Annual Interest Rate = APR / 100
In this case, the annual interest rate is 2.7% or 0.027.
Annual Interest Payment = $20,000,000 * 0.027 = $540,000
Determine the number of families responsible for payments.
There are 21,000 families responsible for making monthly payments.
Calculate the total amount each family should pay each year.
Total Amount per Family = Annual Interest Payment / Number of Families
Total Amount per Family = $540,000 / 21,000
Rounding the result to the nearest cent, each family should be required to pay approximately $25.71 per year to cover the cost of the new school building.
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Do you think every place of our country is accessible to all kind of information obtaining sources why give reasons
Freedom of information is freedom of a person or people to publish and consume information.
What is meant by Freedom of Information ?
The right of a citizen to access information that the government holds is referred to as information freedom. This freedom is recognized as a constitutional right in several nations.
The Freedom of Material Act in the United States permits the revelation of official records and previously undisclosed information that is under the authority of the American government. The Electronic Freedom of Information Act, which mandates that certain types of government records be made electronically accessible to the public, was added to this law in 1996 as an amendment. This is intended to increase access to public information.
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A group of new "Amazonian" managers will lead the new branches in Brazil each with more than 25 employees each. The Training Development team at "Amazonian" has determined that the new managers will need to learn about problem-solving techniques and solutions to different problems. The learning objective says: "Upon completion of this training, the managers in training will be able to identify and label different types of problems and describe solutions to problematic situations." As a Training Developer, what instructional strategies would you use to deliver learning of this instructional objective? Choose the correct response from the options below. Select all that apply.
By incorporating the instructional strategies, the Training Developer can create a comprehensive and engaging learning experience for the managers in training, enabling them to effectively identify and label different types of problems and describe solutions to problematic situations.
As a Training Developer, to deliver learning for the instructional objective of identifying and labeling different types of problems and describing solutions to problematic situations, the following instructional strategies can be used:
1. Case Studies: Presenting real-life or fictional scenarios that depict various types of problems and challenging situations. The managers in training can analyze the cases, identify the problems, and propose appropriate solutions. This strategy allows them to apply problem-solving techniques in a practical context.
2. Role-Playing: Conducting role-playing exercises where managers in training act out different problematic situations. They can take on different roles and work through the problems by employing problem-solving techniques. Role-playing encourages active participation and hands-on learning.
3. Group Discussions: Facilitating group discussions where managers in training can share their experiences and perspectives on different types of problems and potential solutions. This strategy encourages collaborative learning and the exchange of ideas and best practices among the participants.
4. Interactive Workshops: Organizing interactive workshops that involve interactive presentations, hands-on activities, and group exercises. These workshops can focus on different problem-solving techniques and provide opportunities for managers in training to practice applying those techniques to specific scenarios.
5. Simulations or Gamification: Utilizing computer-based simulations or gamified learning experiences that simulate real-world problem-solving situations. These interactive tools allow managers in training to navigate through various problems, make decisions, and observe the consequences of their actions in a risk-free environment.
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Sally own food and selechar in her hometown or at als Lunch sans or dependent on the Location day. When she sells lunches at the resort the pro$100 per day when the star 530 De day when the weather is to Win sheilunches in her hometown profes will be when the weather in a and when the weather is to Fortis pertolony oven day. merologia w 40% chance of fou weather The correct ethion tree for Saly is shown resort Faroo) 30 09 72 100 Fool 0:40) it me thereum for lunches Saby's Espected to any story seter 72 Figure 1 Fores Теринг F050 BO home FOUT 600 50 FIGURE 2 જ ન છો Fa. 100 ( 30 Poul 401 72 Fair 0.60) 72 50 Fou46) home Daily owns a food and sells lunch eller in her hometown or at a local resort Lunches are dependent on the location and daily weather. When she sels lunches at the resort the profit is $100 per day when the weather is air. 530 per day when the weather is fou. When she tells lunches in her hometown, profits will be 580 when the weather is for and $50 in when the weather is fout. For this particular con any given day, meteorologists w 40% chance of fout weather al The correct decision tree for Saly is shown in FIGURE 2 Tesort Fair 60) 100 68 30 Four40) lo use the b) To me the retum, for lunch sales, Saty Expected monetary value for Salyanter Four le number 72 Figure Far 0.60) 80 Figure 2 72 home 50 Foul,401 PP FIGURE 3 resort Fair(050) 100 72 30 Foul0401 72 Far0 60) 80 home 50 Fou (0.40)
Sally owns a food business and sells lunches either in her hometown or at a local resort.
The profitability of the lunches depends on the weather conditions. When she sells lunches at the resort, the profit is $100 per day when the weather is fair, and $30 per day when the weather is foul. When she sells lunches in her hometown, the profits are $80 when the weather is fair and $50 when the weather is foul. The meteorologists predict a 40% chance of foul weather on any given day.
To make a decision, a decision tree is provided (FIGURE 2), which shows the different branches and probabilities associated with each outcome. Based on the decision tree, the expected monetary value (EMV) can be calculated for each option. The EMV for selling lunches at the resort is $72, and the EMV for selling lunches in her hometown is $50.
Using the EMV criterion, Sally should choose to sell lunches at the resort since it provides a higher expected monetary value. This decision is based on considering the probabilities of different weather conditions and their corresponding profits.
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A mortgage with low initial payments that increase over time without ever leveling off is a graduated payment mortgage. growing-equity mortgage. second mortgage. shared-appreciation mortgage. equity line of credit
Answer:
growing-equity mortgage
Explanation:
When a person obtains a growing equity mortgage, they have to pay a higher monthly payment every month. These increases must be included in the mortgage contract and they are beneficial if the borrower's income is expected to increase in the future. The interest rate remains the same, it doesn't change.
from You tube "The Secret History of the Credit Card (full documentary) | FRONTLINE"1. Who are the stakeholders in the credit card industry? How does each stakeholder gain or lose in the story?2. What responsibilities does the government uphold in the story? Has the government fulfilled the responsibilities, in your opinion?3. Some argue that consumers are responsible for their spending habits with credit cards. Should credit card companies be blamed for their business tactics? Why or why not?
1. The stakeholders in the credit card industry include banks, credit card companies, and consumers.
2. The government has a responsibility to ensure that the industry operates in a fair and safe manner.
3. Yes. Because it also engages in unethical business practices. The consumer is responsible for their spending habits
1. The stakeholders in the credit card industry include banks, credit card companies, and consumers. Banks and credit card companies gain from high interest rates, fees, and late payments, while consumers lose when they take on more debt than they can handle or when they face unfair practices.
2. The government has a responsibility to ensure that the industry operates in a fair and safe manner. The documentary highlights that the government has failed to do this, as lenders have taken advantage of consumers.
3. It is difficult to assign blame to either the consumer or the credit card company. Ultimately, the consumer is responsible for their spending habits, but the credit card companies are also engaging in unethical business practices. Therefore, both the consumer and the credit card companies should take responsibility for their actions.
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artifacts are the most visible level of an organizations culture. group of answer choices true false
The aforementioned question has a TRUE answer. The level of culture that is most obvious and approachable are the artifacts.
What aspects of an organization's culture are most obvious?The ARTIFACT culture is the aspect of corporate culture that is most obvious. Artifacts are seen to be the element of organizational culture that is most obvious. The common principles within an organization's culture help to direct its members toward moral behavior that is both acceptable and rewarding.
What do organizational cultural artifacts mean?Company culture is how an organization consistently displays its values through its artifacts. Any memorable occasion or thing made by a company member is considered an artifact. Some company relics are tangible, like the design of a building, a set of beanbag chairs, or a sign in the lobby.
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What are the two factors used to calculate productivity?
A. Goods produced and number of customers
B. Resources invested and goods lost
C. Goods produced and employees hired
D. Goods produced and resources invested
Goods produced and resources invested re the two factors used to calculate productivity.
How productivity is measured?Productivity is measured from different factors in the organization like the profit generate from the sales, number of customer increases, the amount of money invested in the company, the goods that are consumed of sell within span of time and others.
Thus, option D is correct.
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Answer:
Goods produced and resources invested
Explanation:
southwest airlines sends an email to frequent-flier customers offering a special low price between selected cities if the plane ticket is purchased within the next four days. this is an example of
The type of promotion used by Southwest Airlines to send emails to frequent-flier customers on low prices, is an example of Direct marketing.
What is direct marketing?Direct marketing, as the term implies, is a method of communication and promotion where a company communicates directly with the customers or potential customers about products that are on offer.
The action by Southwest Airlines is an example of direct marketing because Southwest Airlines communicated directly with its frequent-flier customers via their emails.
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how can we use the list of preference while making decisions
Answer:
you Nepal ?
Explanation:
hey what you asking
the final stage in a bicultural audit usually involves:
The final stage in a bicultural audit usually involves implementing recommendations and monitoring progress.
What is the significance of implementing recommendations and monitoring progress in a bicultural audit?The final stage of a bicultural audit is crucial for ensuring that the recommendations derived from the audit are effectively implemented and that progress is monitored over time.
Implementing recommendations involves taking action based on the findings of the audit, such as incorporating cultural sensitivity training, promoting diversity and inclusion initiatives, or revising policies and procedures to align with bicultural principles.
This stage requires active engagement from the organization's leadership and stakeholders to drive meaningful change.
Monitoring progress is equally important to assess the effectiveness of the implemented recommendations.
It involves tracking key performance indicators, conducting regular evaluations, and gathering feedback from employees, customers, and other relevant parties.
Monitoring allows organizations to identify areas of improvement, measure the impact of the changes made, and make necessary adjustments to ensure long-term success in creating a bicultural environment.
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what happens if you overdraw your checking account?
Answer:
Your bank can close your account and report you to a debit bureau, which may make it hard for you to get approved for an account in the future.
Question 26 Listen A manufacturer is considering a switch from manufacturers' representatives to an internal sales force. The following cost estimates are available. Manufacturers' reps are paid 7.9% commission and incur $645,000 in fixed costs, while an internal sales force has fixed costs projected at $2,080,000 and would receive 3.0% commission. At what sales volume would the manufacturer be indifferent between the two alternatives? Report your answer in dollars. Your Answer: Answer Question 27 4) Listen ► A manufacturer is considering a switch from manufacturers' representatives to an internal sales force. The following cost estimates are available. Manufacturers' reps are paid 8.8% commission and incur $600,000 in fixed costs, while an internal sales force has fixed costs projected at $1,750,000 and would receive 3.3 % commission. Assume that sales revenue is double the breakeven volume or the point at which the manufacturer would be indifference between reps and an internal sales force. At this volume, how much would the manufacturer save, assuming the company had switched to an internal sales force? Report your answer in dollars. Your Answer:
The manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29. The savings achieved by switching to an internal sales force at double the breakeven volume can be calculated using the provided cost estimates.
To determine the sales volume at which the manufacturer would be indifferent between manufacturers' representatives and an internal sales force, we need to equate the costs of both options.
For the manufacturers' representatives:
Total cost = Commission + Fixed costs
Total cost = 7.9% of sales + $645,000
For the internal sales force:
Total cost = Commission + Fixed costs
Total cost = 3.0% of sales + $2,080,000
To find the sales volume, we set the total costs of both options equal to each other:
7.9% of sales + $645,000 = 3.0% of sales + $2,080,000
Subtracting 3.0% of sales from both sides gives:
4.9% of sales + $645,000 = $2,080,000
Subtracting $645,000 from both sides gives:
4.9% of sales = $2,080,000 - $645,000
4.9% of sales = $1,435,000
Dividing both sides by 4.9% gives:
sales = $1,435,000 / 4.9%
sales ≈ $29,285,714.29
Therefore, the manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29.
For the second question, we need to find the savings achieved by switching to an internal sales force at double the breakeven volume.
Assuming the breakeven volume is the sales volume at which the manufacturer would be indifferent, which is $29,285,714.29, we can calculate the savings.
Savings = Total cost with manufacturers' reps - Total cost with internal sales force
Savings = (8.8% of sales + $600,000) - (3.3% of sales + $1,750,000)
At the breakeven volume, the sales would be $29,285,714.29:
Savings = (8.8% of $29,285,714.29 + $600,000) - (3.3% of $29,285,714.29 + $1,750,000)
Calculating this equation will give the amount saved by switching to an internal sales force.
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In ________, one firm provides the product or service in a particular industry, which results in less price competition.
Monopolies are said to exist when one company provides the product or carrier in a particular industry, and as such effects in much less rate competition.
What is monopoly oligopoly and monopolistic competition?An oligopoly will allow extra than one honcho to co-exist, and a monopolistic competition will enable several players to enter into the market, while a monopoly will essentially be the one that stands apart and guidelines the complete demand and provide chain in the unique discipline of selection.
What is the that means of monopolistic market?A monopolistic market is a theoretical circumstance that describes a market where only one employer may offer products and services to the public. A monopolistic market is the opposite of a perfectly competitive market, in which an infinite quantity of firms operate
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https://brainly.com/question/7217942#SPJ4On april 1, the company retained an attorney for a flat monthly fee of $3,500. Payment for april legal services was made by the company on may 12. Prepare the required adjusting entry, if any
Answer:
On April 30,
Dr Attorney Fee Expense $3500
Cr Attorney Fee Payables $3500
On May 12,
Dr Attorney Fee Payables $3500
Cr Cash Account $3500
Explanation:
Okay here the attorney fee is the legal fee expense that was accrued in April and must accounted for as accrued expense. The accounting entry would be increase in payables (Credit) and expense (Debit) as well.
Dr Attorney Fee Expense $3500
Cr Attorney Fee Payables $3500
Now on May 12, the company paid the expense which means that the legal fee payable was reduced to zero (Reduction in liabilities is always debited) and the cash is also reduced by $3500 (Asset reduction is always credited).
Dr Attorney Fee Payables $3500
Cr Cash Account $3500
Managers do not need to motivate employees to want to do their jobs efficiently and effectively.
O True
O False
The cost of quality has been estimated at what percentage of every sales dollar?.
The percentage of every sales dollar that has been estimated is 15-20%. The cost of quality appraise the quality of the company's or organization's services or products.
The COQ also known as the Cost of Quality generally described as a methodology that allows organizations to determine the cost associated with maintaining and producing quality product. This method also allows organizations to determine the extent to which its resources are used for activities that prevent poor quality.
The Cost of Quality (COQ) divided into four types, there are:
Prevention cost: cost incurred to avoid or prevent quality problems. Internal Failure Cost: cost associated with defect funds before the customer receives the service or product.External Failure Cost: cost associated with defect funds after the customer receives the service or product.Appraisal Cost: cost incurred and associated with monitoring and measuring activities related to quality.Learn more about Cost of Quality on https://brainly.com/question/24182361
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Before ordering used parts for a repair, a technician
should get
approval from the ____.
Which characteristic gives the term preference shareholder its distinct name?
Preferred shareholder gets its name from its unique feature that shareholders of such shares are given first preference in terms of payment in case the business_____.
Answer: dividends
Explanation:
Dividends are not liability of the firm. The preferred dividends are differed. The dividends and preferred dividends must be paid to the individual stakeholders so that equal share share can reach out to the individual owner before the common shareholders can receive any monetary gain. Dividends are the taxes that are not included in the business expenses but it is included as corporate tax. The dividends by the shareholders are included with the tax.
Answer:
shuts down
Explanation:
Products liability, medical malpractice, battery, invasion of privacy, trespass, wrongful death and libel all fall within a field of civil law known as:
Products liability, medical malpractice, battery, invasion of privacy, trespass, wrongful death, and libel all fall within a field of civil law known as tort law.
Tort law encompasses civil wrongs or harms that result in legal liability and provide grounds for a lawsuit. It is a branch of civil law that seeks to compensate individuals who have suffered harm or injury due to the wrongful actions or omissions of others. Tort law aims to provide remedies and compensation for the injured party, deter future wrongdoing, and uphold standards of conduct in society.
Within tort law, various categories of wrongful acts or civil wrongs are recognized. Products liability deals with the legal responsibility of manufacturers or sellers for defective products that cause harm to consumers. Medical malpractice involves negligence or improper treatment by healthcare professionals. Battery refers to intentional harmful contact or physical violence against another person. Invasion of privacy addresses violations of an individual's right to privacy. Trespass refers to unauthorized entry or interference with someone's property. Wrongful death involves a death caused by someone's negligence or intentional act. Lastly, libel pertains to false and damaging written statements.
All these specific areas of civil law fall under the broader umbrella of tort law.
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only the general partner in a limited partnership has personal liability. group of answer choices true false
Only the general partner in a limited partnership has personal liability is a true statement.
Do general accomplices in a restricted organization have restricted risk?
A restricted organization is expected to have both general accomplices and restricted accomplices. General accomplices have limitless obligation and have full administration control of the business. Restricted accomplices have practically zero contribution in administration, yet in addition have obligation that is restricted to their speculation sum in the LP.
Who is actually responsible for the liabilities of the restricted organization?
Overall organizations, each accomplice remains by and by responsible for the obligations and commitments of the association. The LP isolates something like one general cooperate with limitless individual risk from restricted accomplices whose obligation ordinarily won't surpass their commitment to the association.
Who are the individuals from a restricted risk organization?
LLP individuals are accomplices in a restricted risk organization. You really want at least two individuals to enlist an LLP at Organizations House, and something like two of these individuals should be 'assigned'. An assigned part has a greater number of obligations and legitimate liabilities than a conventional part.
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Janice spent $6.50 to create mugs for a coffee house. She sold them for $9.00 each. What is Janice's gross profit margin? [?]%
round to the nearest whole number
Janice spent $6.50 to create mugs for a coffee house business. She sold them for $9.00 each. Janice's gross profit margin 27.78%.
The term gross profit refers to the profit of the business. The total amount of the profit is the less the cost is the gross profit. It was the subtracting all the selling of the product and services and the cost.
Given information:
Janice spent $6.50She sold them for $9.00 each.Profit = Selling price - Cost
Profit = $9.00 - $6.50
Profit = $2.50
Gross profit margin = (Profit / Selling price) x 100%
Gross profit margin = ($2.50 / $9.00) x 100%
Gross profit margin = 27.78%
Janice's gross profit margin is 28% when rounded to the nearest whole number.
As a result, the significance of the Janice's gross profit margin are the aforementioned.
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Yeah
Aye' Lewis wassup?
Billy Bang
It's the chemists yall'
My love, do you ever dream of
Have you ever loved someone
So much you'd thought you'd die
Giving so much of yourself it seems the only way
Tell me what you want and now
And I will give it to you (You yeah)
'Cause you are my love do you ever dream of
Candy coated rain drops?
You're the same my candy rain
My love did you ever dream (Dream)
That it could be so right?
I never thought I would find
All that I need in life
All I want all I need now I know
I know I found it in you
'Cause you are my love do you ever dream of
Candy coated rain drops?
You're the same my candy rain
Billy Bang
Mommy call me bang bang like a gun
I make her candy rain let it rain on my tongue
Tell her don't stop get it get it, gimmie gimmie some
Baby don't stop get it get it til we get it done
Answer:
?????????????????????
Answer:
/: ??????????????
Explanation:
some departments have a median slary specified all salaries are under one million dollars and we preresent them using the standard representation with 2 digits for cents
If all salaries in a department are under one million dollars and they are represented using the standard representation with 2 digits for cents, it means that the salaries are expressed in the format of dollars and cents up to two decimal places.
The maximum salary in this department would be $999,999.99.
The use of two decimal places allows for precise representation of cents in the salary amounts. For example, if an employee's salary is $50,000.50, it would be expressed as $50,000.50 with two decimal places.
By specifying the median salary, it indicates that the department is considering the middle value of the salary distribution when reporting the typical salary. The median is the value that divides the salary distribution into two equal halves, with half of the salaries being lower than the median and half being higher.
So, in summary, the department has salaries under one million dollars, and they are represented in the format of dollars and cents up to two decimal places. The median salary represents the middle value in the salary distribution.
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